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May 19, 2014
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our own michelle live in washington. great to see you. michelle, you and i have talked about this. for normal folk around the world watching this, they go yeah, yeah another big trade talk that goes on and on. why would we care? while i've got you, what a are the real benefits for real people? >> reporter: well, i mean look. if you look at trade between europe and u.s. at the moment, it's pretty low. yes they're going to try to make them lower and lower custom duties which should make it easier for small and medium companies that struggle with those costs. the big thing is regulations, trying to make rules simpler. this should make it cheaper for them to do business. the thinking is that will make it cheaper for consumers to buy goods. that could benefit according to some studies. it could increase the american family $100,000. that's the thinking behinduo th. that would mean more growth and more jobs toç benefit both sde of the atlantic. i was speaking to one company and she said her company could save $500 million over years. that's more money to put back in the business and cr
our own michelle live in washington. great to see you. michelle, you and i have talked about this. for normal folk around the world watching this, they go yeah, yeah another big trade talk that goes on and on. why would we care? while i've got you, what a are the real benefits for real people? >> reporter: well, i mean look. if you look at trade between europe and u.s. at the moment, it's pretty low. yes they're going to try to make them lower and lower custom duties which should make it...
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May 20, 2014
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as michelle said, the challenging times may well be ahead as waters recede. these sessions do help. >>> russia says troops have been on the border of ukraine are going back to base. that is following promises of putin that troops will go back soon. daniel has been speaking to russian deputy defense minister. >> reporter: this week's conference provided a rare opportunity to interview the defense official during the crisis in ukraine. i started by asking how soon we'd see russian troops remove ed from the temporary bases on the ukrainian border. >> maybe a few days. >> it has been started already immediately after the order by my president. >> do you think russia understands new concerns created by the crisis in ukraine? >> the reality is it's not russia responsible for the crisis in ukraine. there is no problem between the balkan states or eastern european countries and russia with security. what we want, we would like to invade into poland with tourists. not with our tanks, armor vehicle et cetera. nato countries have decided not to come to moscow. it's bett
as michelle said, the challenging times may well be ahead as waters recede. these sessions do help. >>> russia says troops have been on the border of ukraine are going back to base. that is following promises of putin that troops will go back soon. daniel has been speaking to russian deputy defense minister. >> reporter: this week's conference provided a rare opportunity to interview the defense official during the crisis in ukraine. i started by asking how soon we'd see russian...
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May 2, 2014
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michelle has this report from new york. >> this is thØp@@@@Ñí÷ famous b stitching. >> steve owns multiple car dealerships in new jersey. he's been in the business nearly four decades. >> sales in 2014 are setting another great pace. >> what's helping sales here in the industry is easy availability of finance thanks to the return of sub prime lending. that is loans to people with poor credit. loans to car buyers with sub prime credit2way scores general below 650 points have been rising since the recession. in 2013 they accounted for a quarter all new car financing. loans to people with credit íÑ@zac-> in a way i'm happy. in the long term, if something is not good, it's not good. we saw that with the housing crisis. >> do you think we're at that point? >> i think we're at quite a distance from the point in time where alarm bells go off. we should be turning up volume a little more and listening. >> it was mortgage lending to people at higher risk of not repay aing debt that nearly destroyed the financial system in 2007. why is something considered by some as toxic maki
michelle has this report from new york. >> this is thØp@@@@Ñí÷ famous b stitching. >> steve owns multiple car dealerships in new jersey. he's been in the business nearly four decades. >> sales in 2014 are setting another great pace. >> what's helping sales here in the industry is easy availability of finance thanks to the return of sub prime lending. that is loans to people with poor credit. loans to car buyers with sub prime credit2way scores general below 650...
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May 2, 2014
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michelle has been investigating that. we're going to have that coming up on "gmt" in an hour's time. meantime, the big question for financial markets this friday. it's that time of the month. how strong is the u.s. economy recovering after the severe winter weather brought growth to a halt? comments from the federal reserve pushes u.s. shares to new records this is week. investors are looking for signs of spring in the monthly job numbers known as the payrolls. employers are expecting to see that in a couple hours time when they release numbers. 210,000 new jobs added in april. this is according to the recent poll. the this would be enough to bring america's jobless rate down to 6.6%. those figures out around 8:30 eastern time, 12:30 "gmt." we'll bring them to you as soon as we get them. also top football clubs are among the clutch of clubs said to be punished for failing to comply with financial fair play rules. it's happening this week. the financial control board is meeting today to examine the sanction packages that a
michelle has been investigating that. we're going to have that coming up on "gmt" in an hour's time. meantime, the big question for financial markets this friday. it's that time of the month. how strong is the u.s. economy recovering after the severe winter weather brought growth to a halt? comments from the federal reserve pushes u.s. shares to new records this is week. investors are looking for signs of spring in the monthly job numbers known as the payrolls. employers are expecting...
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May 8, 2014
05/14
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among high profile figures to join in, hillary clinton and pakistani schoolgirl and first lady michelle obama. >> for these nigerian protestors, the government's response to the kidnappings has been too slow. there are growing complaints the authorities have been unable to stem what seems like in recent months a more deadly determined challenge by the gunmen of boko haram. >> i think they're trying to make a strong political statement. they're signaling to the government they are determined to achieve their goal. >> for now the focus remains on what if anything can be done to rescue these family's missing children. i'm joined now on the line from abuja. the senator for the state of borno, one of three states un r undera state of emergency. let's start where from the raid monday. what can you tell us about that? >> in the afternoon about 1:30. they did operation throughout the day until 1:00 in the night. a lot of people walk in. over 300 -- >> who are they? are you talking about b ining a haram? >> it is boko haram. one surprising thing is that the military together with civilian. the m
among high profile figures to join in, hillary clinton and pakistani schoolgirl and first lady michelle obama. >> for these nigerian protestors, the government's response to the kidnappings has been too slow. there are growing complaints the authorities have been unable to stem what seems like in recent months a more deadly determined challenge by the gunmen of boko haram. >> i think they're trying to make a strong political statement. they're signaling to the government they are...
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May 20, 2014
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michelle has more from washington. >> the outcome was a victory for the justice department. this is the biggest bank to pled guilty to tax evasion charges in 20 years. the bank helped american clients dodge u.s. taxes. >> the federal reserve is, community exchange and united states department of justice. the bank went to elaborate lengths to shield itself, employees and tax chiefs it served for their criminal actions. >> as cause of the settlement, the credit giant won't lose banking license this the u.s. it will be reduced $1.8 billion in the second quarter. dougan said in a statement we deeply regret the misconduct a -- that led to this settlement. we have seen no material impact in the past a several weeks. mr. dougan apologized in february to the u.s. justice for failing to identify tax dodges. the department now feels it's made big strides in address that. >> they're providing us with a great deal of additional information that will a allow us to determine where the accounts went, how many accounts they had, some of the sizes of the accounts. there's going to be a subst
michelle has more from washington. >> the outcome was a victory for the justice department. this is the biggest bank to pled guilty to tax evasion charges in 20 years. the bank helped american clients dodge u.s. taxes. >> the federal reserve is, community exchange and united states department of justice. the bank went to elaborate lengths to shield itself, employees and tax chiefs it served for their criminal actions. >> as cause of the settlement, the credit giant won't lose...